Mkts end '07 in green: Metal, cap goods, oil up, IT down

The markets closed in the green on the last day of the year despite some mixed cues from Asia and Europe. Telecom space was buzzing along with power, realty, pharma, FMCG and auto stocks. However, select banking and IT stocks were trading weak languishing at the lower levels. Broader markets continued to outperform giving markets an excellent breadth.

2007 was a year of records for Indian markets. We saw the highest number of 1000 marks being croseed on the Sensex. Sensex crossed six thousand marks as compared to five in 2005. Sensex gave areturn of around 47% in 2007. Metals, capital goods and oil & gas stocks had a tear away rally giving over 100% returns.

In 2007 IT stocks like Infosys, Subex and pharma stocks like Cipla and Dr Reddy's gave negative return.BHEL, SBI, NTPC, Bharti were among the top frontline gainers. In the midcap space RNRL, Ispat, Indiainfoline, Essar Oil gave hefty reurns.

Sensex closed up 80.04 points or 0.40% at 20286.99, and the Nifty up 58.90 points or 0.97% at 6138.60.

About 2684 shares have advanced, 393 shares declined, and 27 shares are unchanged.

The BSE Midcap Index ended at 9,789.49 up 2%.

The BSE Smallcap Index ended at 13,348.37 up 3.5%.

The BSE Bankex was up 0.2% at 11,418.00. Canara Bank, Centurion Bank, Oriental Bank, Allahabad Bank closed in green.

The BSE Capital Goods Index closed at 19,755.39 up 0.6%. Astra Microwave, Reliance Infra, Kirloskar Oil, Bharat Bijlee closed higher.

The BSE Auto Index closed at 5,667.45 up 1.2%. Tube Investment, Apollo Tyres, Escorts, Ashok Leyland, Hind Motors closed lower.

The BSE Metal Index closed at 20,020.22 up 0.4%. Mah Seamless, JindalStainless, Jindal Saw, SAIL, Jindal Steel closed higher

The BSE FMCG Index closed up 2% at 2,319.92. Bata India, Godrej Consumer, GlaxoSmith Con, United Spirits, Nestle ended higher

BSE Oil and Gas Index closed at 13,301.60 up 1%.  BPCL, HPCL, IOC, Reliance Natura, GAIL ended higher.

The BSE IT Index was at 4,529.59 down 0.5%. I-Flex Solution, Financial Tech, Satyam, Tech Mahindra, Infosys closed lower.

The NSE cash turnover was at Rs 19090.53 crore and the NSE F&O turnover was at Rs 46186.73 crore. The BSE cash turnover was Rs 9448.7 crore. Total market wide turnover was at Rs 74725.96 crore. 

Mkts still in green: Bharti, BPCL, M&M, DLF up

The markets are still trading in green holding out their gains despit some mixed cues from Asia and weak cues from Europe. Telecom space is buzzing along with power, realty, pharma, FMCG and auto stocks. However, select banking and IT stocks are trading weak languishing at the lower levels. Broader markets continue to outperform giving markets an excellent breadth.

In the consumer durables space Videocon, Mirc Electronics and Bata are among the gainers.

In the midcap space GTL Infra, Monsanto India, GBN, Bilcare, TV 18, Himatsingka Seide, Tube Investment, HMT, FDC were the top gainers.

Mkt trades higher: FMCG, pharma, realty, auto up

The markets continue to trade at the higher levels on the last day of the year and cues from Asia were mixed. Telecom space is buzzing along with power, realty, pharma, FMCG and auto stocks. However, select banking and IT stocks are trading weak languishing at the lower levels. Broader markets continue to outperform giving markets an excellent breadth.

Market trades steady: Bharti, ITC, Hindalco up

The markets are trading steady with smart gains mirroring its Asian peers. Most of the Asia is trading in green. Telecom space is buzzing along with power, realty, pharma, FMCG and auto stocks. However, select banking and IT stocks are trading weak languishing at the lower levels. Broader markets continue to outperform giving markets an excellent breadth.

At 12.00 hrs IST, the Sensex is up 95.05 points or 0.47% at 20302.00, and the Nifty up 43.60 points or 0.72% at 6123.30.

About 2746 shares have advanced, 332 shares declined, and 26 shares are unchanged.

Bharti Airtel, ITC Hindalco, DLF and Tata Power were top gainers on the bourses while Wipro, ICICI Bank, Ambuja Cements, Infosys, HDFC Bank, HCL Tech and Nalco top losers.

The BSE Midcap and Small Cap indices were up 2% and 3%, respectively.

Most active shares on the exchanges were Brigade Enterprises, eClerx Services, Videocon Industries and Bharti Airtel.

The BSE Realty Index surged 2%. The BSE Auto, FMCG, Healthcare, Metal and Power indices gained 1-1.5%.

New listings like Brigade Enterprises was trading at Rs 384.05, down 1.53% to its issue price of Rs 390 and eClerx Services at Rs 406.10, up 29% over its offer price of Rs 315.

Mkts strong: Realty, metal, auto, FMCG, pharma gain

The market is trading strong with the supportive buying interest from realty, metal, auto, FMCG, pharma, power and telecom stocks and also mirroring strong Asian cues. The market has seen good bounce today after profit booking in Friday's session. Midcap and small cap stocks continued their upmove.

Markets have opened higher on the back of strong cues from Asian markets and buying interest in metal, power, telecom, oil, real estate and cement stocks.

At 9:56 am, the Sensex was up 116 points at 20,323 and the Nifty up 56 points at 6,136..

Tata Steel, Reliance Energy, Bharti Airtel, GAIL, Wipro, Tata Power, Reliance Communications, Zee, Idea Cellular, ACC, Reliance and DLF gained.

Brigade Enterprises has listed at Rs 395 versus issue price of Rs 390 and eClerx Services opened at Rs 369 versus issue price of Rs 315.

Asian markets were trading firm. Taiwan's Taiwan Weighted gained 0.42% or 34.99 points at 8,431.94. Singapore's Straits Times was up 0.60% or 20.60 points at 3,466.42.

Market cues:

• FIIs net buy USD 234 million in equity on Dec 27
• MFs net buy Rs 716 crore in equity on Dec 27
• NSE F&O Open Interest up by Rs 6,878 crore at Rs 1.02 lakh crore

F&O cues:

• Futures Open Interest up by Rs 4,242 crore, Options Open Interest up by Rs 2,636 crore
• Stock Futures add over 9 cr shares in Open Interest
• Nifty Futures add 12.1 lakh shares in Open Interest
• Nifty Open Int PCR at 1.28 vs 1.21
• Nifty Puts add 19.6 lakh shares in Open Interest
• Nifty Calls add 12.6 lakh shares in Open Interest
• Nifty 6000 Put adds 6 lakh shares in Open Interest
• Nifty 6100 Put adds 3.6 lakh shares in Open Interest
• Nifty 6100 Call adds 2.9 lakh shares in Open Interest
• Nifty 6200 Call adds 2.5 lakh shares in Open Interest